Can I own a yacht in India?

Can I own a yacht in India?

In accordance with the Lokpal and Lokayukta Act, 2013, individuals falling under aforementioned categories lie under a duty to file their details regarding assets and liabilities. And under the Lokpal law are required to declare in case they own a yacht for the purposes of asset analysis.

How much is a yacht cost in India?

The yacht has two guest cabins and a master cabin….

How much they cost
Types of boats Size Prise range*
Small Boats 12-35 ft Rs 1 lakh -Rs 50 lakh
Medium Range 35-60 ft Rs 1 crore -Rs 15 crore
Large Range 60-100 ft Rs 5 crore -Rs 30 crore

Who owns private yacht in India?

The most impressive Indian yacht, however, is Vijay Mallya’s Indian Empress, bought in 2006, for an estimated 72 million. Anil Ambani bought one for his wife, Tina, six years ago. Vijay Mallya has one, so do Adi Godrej, Gautam Singhania and real estate baron Sunny Wadhawan.

Who owns the biggest yacht in India?

Mukesh Ambani The uniquely shaped yacht is 58 metres long and 38 metres wide. It may not be as large as some of the other superyachts around the world but it screams luxury.

Does Mukesh Ambani own a yacht?

Mukesh owns a yacht that he and his family regularly use to cruise around in. Fitted with a solar glass roof, the water beaut is 58 metres long and 38 metres wide, with three decks, a piano bar, lounge and reading room for guests, estimated to be worth up to US$80 million.

Which is the cheapest yacht?

Ranger Tugs. Ranger Tugs tops the list in terms of affordable, feature-packed “pocket yachts” that can be great family boats and longer distance cruisers, that can also be easily trailered to different locations (and even used as campers along the way at RV parks). Prices start at US$ 149,000.

Does Ambani own a yacht?

Which car does Nita Ambani use?

It was a gift from him to his wife Nita Ambani. The car is powered by a 6.0-litre V12 that outputs 620 BHP and whopping 1000 Nm of torque….Maybach 62.

Price ₹ 5.15 Crore
Specifications 6-litre V12 Petrol, 620 BHP, 1000 Nm